Four-Unit Residential
For Sale
$1,388,000
1055 -1059 Roswell, Long Beach, CA 90804
Four residential units near Long Beach shopping, schools, parks, restaurants, and major freeways.
Property Size5,846 SF
Days on Market8
Property Features for 1055 -1059 Roswell
General Information
Standard status
Active
Size
5,846 SF
Property subtype
Quadruplex
Additional Details
Highway Access
Yes
Multifamily Units
4
Building Details
Building Size
5,846 SF
Year Built
1923
Stories
1
Listing Agency:
Wetrust Realty
Listed By:
Karen Wu · License #01515481
(626) 203-5227
Source:
Nolanrossre.kw
Added: Aug 29
Changed: Aug 31
Last Checked: Sep 4 at 2:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wetrust Realty
Investment Insights
Based on property information with market context.
This residential quadplex at 1055–1059 Roswell in Long Beach contains four units and was built in 1923. The property is identified as a residential income asset and offers a four-unit configuration for continued rental use.
The property is near shopping centers, restaurants, schools, and parks, with California State University Long Beach also in the surrounding area. Major freeways provide access to the broader region, while the beach and local attractions are a short drive away.
The property is near shopping centers, restaurants, schools, and parks, with California State University Long Beach also in the surrounding area. Major freeways provide access to the broader region, while the beach and local attractions are a short drive away.
Key Highlights
- Four‑unit residential income property
- Built in 1923
- Located at 1055–1059 Roswell, Long Beach, CA 90804
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$125,693
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,513,860
$2.5M
Cap Rate 7%
$1,795,614
$1.8M
Cap Rate 9%
$1,396,589
$1.4M
Market Conditions
NOI Build-Up for 5,846 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$189.4K $32.40/SF
− Vacancy
−$9.8K −$1.68/SF
EGI
$179.6K $30.72/SF
− OpEx
−$53.9K −$9.21/SF
NOI
$125.7K $21.50/SF
Area
Long Beach, CA
Vacancy
5.20%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,513,860
Cap Rate 7%
$1,795,614
Cap Rate 9%
$1,396,589
Alternative Uses
Best Use
Multifamily LT 5
$1.80M
$1.57M – $2.09M
NOI $125,693 @ 7.0% cap · market cap 9.06%
Second Best
Apartment 5plus
$1.60M
$1.40M – $1.86M
NOI $111,796 @ 7.0% cap · market cap 8.05%
Theoretical Best
Office A
$3.13M
$2.74M – $3.65M
NOI $219,095 @ 7.0% cap · market cap 15.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,302
Businesses Nearby
Explore this area
Business Placement
Demographics for 90804, CA
39,370
Population
15,998
Households
2.5
Avg Household Size
33
Median Age
30%
College-Educated
75%
High-School Grad
2.2 sq mi
ZIP Area
17,895
Density / Sq Mi
$68,940
Median Household Income
$38,914
Median Earnings
$1,801
Median Rent
$673,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units near Long Beach shopping, schools, parks, restaurants, and major freeways.
Where is this quadplex located?
The property is located at 1055 -1059 Roswell Long Beach, CA.
What is the asking price?
The asking price for this property is $1,388,000.
What are key features of this property?
This property features: Four‑unit residential income property; Built in 1923; Located at 1055–1059 Roswell, Long Beach, CA 90804
